RTTNews - The rate of decline in permanent staff appointments in the U.K. accelerated in July, the latest Report on Jobs showed Wednesday. At the same time, the number of vacancies available for people seeking permanent employment dropped at the slowest pace since last August.
The Report on Jobs is a monthly publication produced by Markit Economics on behalf of the Recruitment & Employment Confederation and KPMG.
The report showed that temporary staff billings continued to decrease in July. But the rate of decline was the slowest in ten months. Meanwhile, permanent staff salaries eased at the weakest rate for nine months in July. Further, both permanent and temporary staff availability increased again in July.
Bernard Brown, Partner and Head of Business Services at KPMG said, While it's early days, and despite staff availability continuing to rise this month, the market may start to show slight signs of improvement by the end of the year.
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